Im am looking at a house that was built in 1910. It is in good enough shape to qualify for FHA financing so its not in that bad of shape. Has anyone here ever bought a super old house to renovate/restore or whatever word you would use? What are some probs you had? Any tips?
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01-17-2010, 05:13 PM #1All-American
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Has anyone ever bought a super old house with intent to restore/fix up?
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01-17-2010, 05:17 PM #2Moderator
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foundation is always one of the big concerns..make sure it is either still solid, or if there are problems they are not to much costly
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01-17-2010, 05:18 PM #3Administrator
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Location is very important too if you plan to rent it out or vend it. Property values in the immediate area could give you a good idea how much renovation money to spend.
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01-17-2010, 05:21 PM #4All-American
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foundation is good...only noticible work needed is exterior paint, interioir paint, wood needing replaced around windows, wood flooring needing refinished, kitchen floor needing replacing
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01-17-2010, 05:22 PM #5All-American
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this would be a house i would live in. In an area with 200 and 400k houses within a mile....give me a sec and ill post some pics...
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01-17-2010, 05:22 PM #6Moderator
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next would be wiring and plumbing..all up to code? All still in good shape?Originally posted by kaorder1999
foundation is good...only noticible work needed is exterior paint, interioir paint, wood needing replaced around windows, wood flooring needing refinished, kitchen floor needing replacing
Where is the house at?Sideline To Sideline Show Each Week at https://lonestargridiron.com/categor...-to-sideline//
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01-17-2010, 05:22 PM #7All-American
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yes...everything is up to code per inspection....Originally posted by Txbroadcaster
next would be wiring and plumbing..all up to code? All still in good shape?
Where is the house at?
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01-17-2010, 05:23 PM #8Administrator
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Immediate neighborhood is what determines property value. You might be able to check the county tax rolls for the area.Originally posted by kaorder1999
this would be a house i would live in. In an area with 200 and 400k houses within a mile....give me a sec and ill post some pics...
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01-17-2010, 05:28 PM #9All-American
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yeah...ive already checked the tax stuff....would be able to get the house for less then half of the tax appraisal value
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01-17-2010, 05:29 PM #10Administrator/Owner
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My parents have bought 2 that they moved from one location to another, then remodeled & added on. The first one had shipboard interior walls. When they pulled up the linoleum in the living room, there were newspapers underneath - from WWII.
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01-17-2010, 05:30 PM #11Administrator
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Hmmmm, that's kinda unusual, I'd approach carefully and do my homework on it.Originally posted by kaorder1999
yeah...ive already checked the tax stuff....would be able to get the house for less then half of the tax appraisal value
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01-17-2010, 05:35 PM #12Moderator
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that is the housing market in this area..alot of houses are selling WELL below their valueOriginally posted by sinton66
Hmmmm, that's kinda unusual, I'd approach carefully and do my homework on it.Sideline To Sideline Show Each Week at https://lonestargridiron.com/categor...-to-sideline//
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01-17-2010, 05:42 PM #13All-American
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forclosureOriginally posted by sinton66
Hmmmm, that's kinda unusual, I'd approach carefully and do my homework on it.
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01-17-2010, 05:44 PM #14All-American
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FRONT PORCH
HALLWAY UPSTAIRS
OFFICE
DETACHED GARAGE
BACKYARD
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01-17-2010, 05:46 PM #15All-American
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